MJBizDaily · Page 350

Hexo posts improved third quarter with CA$19.5 million loss
Jun 11, 2020, 11:21 am By Solomon Israel
Canadian cannabis cultivator Hexo Corp. posted a net loss of 19.5 million Canadian dollars ($14.5…

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US cannabis retailers take mixed approaches amid pandemic-fueled downturn, with some eyeing costs and others spending more
Jun 11, 2020, 6:30 am By Margaret Jackson
As the U.S. economy struggles to recover from a recession spurred by the coronavirus pandemic, some…

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Bonify resumes selling adult-use cannabis in Canada, 1 year after suspension
Jun 10, 2020, 5:11 pm By Solomon Israel
Manitoba cannabis grower Bonify Holdings Corp. is again selling recreational cannabis in Canada, a…

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Study: Denver cannabis companies mostly white-owned, lacking social equity
Jun 10, 2020, 3:55 pm By Bart Schaneman
A study by Denver regulators highlighted that marijuana company ownership in the city and county is…

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Netherlands to open applications for cannabis cultivation experiment next month
Jun 10, 2020, 3:31 pm By Alfredo Pascual
The Dutch government will start accepting applications next month from potential cultivators for its…

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Marijuana company Cresco Labs adds first person of color to board
Jun 10, 2020, 2:36 pm By Bart Schaneman
Cresco Labs, a Chicago-based marijuana multistate operator, appointed Michele Roberts to its board…

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Oklahoma medical cannabis dispensary settles trademark dispute
Jun 10, 2020, 1:31 pm By Jeff Smith
Dank of Oklahoma, a medical marijuana dispensary in Tulsa, resolved a trademark suit by agreeing to…

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As marijuana class action lawsuits surge, experts stress accurate, forthright disclosures
Jun 10, 2020, 6:30 am By Jeff Smith
Class action lawsuits against cannabis companies are rising, driven by industry growth, stock price…

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Acreage pulls out of Iowa medical marijuana market
Jun 9, 2020, 6:18 pm By Jeff Smith
Marijuana multistate operator Acreage Holdings relinquished its medical cannabis manufacturing…

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Pure CBD Vapors
Jun 9, 2020, 5:33 pm By Pamela Moore
The CBD industry is more popular and profitable than ever before, and Pure CBD Vapors is one company…

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Massachusetts regulators developing cannabis product catalog
Jun 9, 2020, 4:09 pm By John Schroyer
Massachusetts marijuana overseers are taking a new approach to tracking industry inventory – a…

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High Times strikes $25M marijuana licensing deal for three markets
Jun 9, 2020, 3:42 pm By Jeff Smith
The parent company of High Times magazine signed a deal to license its iconic brand and High…

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Canadian cannabis exports to Israel set to increase with Organigram-Canndoc deal
Jun 9, 2020, 3:02 pm By Matt Lamers
New Brunswick-based cannabis producer Organigram Holdings has signed a multiyear supply agreement…

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Cresco Labs co-founder fully divests himself from cannabis MSO
Jun 9, 2020, 1:01 pm By John Schroyer
Joe Caltabiano, a co-founder of Chicago-based marijuana multistate operator Cresco Labs, resigned…

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Alberta reports Canada’s first cannabis beverage recall
Jun 9, 2020, 11:49 am By Solomon Israel
Alberta’s provincial cannabis regulator is recalling multiple lots of cannabis beverages from…

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Chart: Medical marijuana sales in Oklahoma near $300 million in first five months of 2020
Jun 9, 2020, 6:30 am By Eli McVey
Already one of the largest and fastest-growing markets in the country, Oklahoma’s medical…

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Canada exported record amount of dried cannabis in 2019, but mostly to one market
Jun 9, 2020, 6:30 am By Matt Lamers
Canadian businesses exported more dried medical cannabis than ever last year, but that growth is…

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Vireo Health fires marijuana industry veteran Bruce Linton
Jun 8, 2020, 6:21 pm By John Schroyer
Cannabis multistate operator Vireo Health International terminated former Executive Chair Bruce…

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Vireo Health parts ways with marijuana industry veteran Bruce Linton
Jun 8, 2020, 6:21 pm By John Schroyer
Cannabis multistate operator Vireo Health International terminated former Executive Chair Bruce…

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US cannabis markets now officially face test of whether they’re recession-proof
Jun 8, 2020, 4:20 pm By Jeff Smith
The United States is officially in a recession and, in fact, has been for several months, but the…

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